March 2â”6, 2026, is shaping up to be a headline-driven, high-volatility week. The market is now dealing with two major forces at once: a sharp Middle East war escalation involving Iran, the U.S., and Israel, and a packed macro calendar headlined by U.S. PMIs, ADP employment, the Beige Book, import/export prices, and Fridayâs Nonfarm Payrolls report. On top of that, we also have important earnings from Target, CrowdStrike, Broadcom, Marvell, and Costco that can move major sectors and shift market sentiment fast. The biggest new story is the Iran war shock. Reuters reports that after U.S. and Israeli strikes on Iran, several oil majors, tanker owners, and traders suspended shipments through the Strait of Hormuz, while Iranâs Revolutionary Guards warned ships that passage was ânot al




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